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East Ward
85 PARK Avenue
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85 PARK Avenue $900,000
6 days ago
$900,000
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85 PARK Avenue
Brantford, Ontario N3S5H4

MLS® Number: 40640971
8
Bedrooms
0
Bathrooms
3012
Square Feet

Listing Description

This VACANT legal 4-plex is a fantastic investment opportunity! Occupied will operate at an 8% cap rate! Featuring four spacious 2-bedroom units, each offering ample living space. With all units currently vacant, investors have the unique advantage of selecting their own tenants and renting at market rates. Additionally, this property is perfect for an owner-occupant, allowing you to live in one unit while generating income from the others, effectively covering your living expenses and enjoying cost free living! All units are separately metered for hydro and gas allowing for minimal expenses to the property owner and very strong cashflow . This is a great opportunity for investors and aspiring home owners. Can be sold vacant or can fill units with people on waiting list. (68099166)

Location Description

Right on Mary to Park Avenue, Property will be on the left.

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
3
Square Footage
3012 sqft
Subdivision Name
2040 - North Park/Wood St.
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$5,682
Total Parking Spaces
1
Time on REALTOR.ca
6 days

Building

Bathrooms
Total
0
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Block
Total Units
4
Heating & Cooling
Cooling
None
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Total Parking Spaces
1

Measurements

Square Footage
3012 sqft
Above Grade Finished
3012 sqft
Source: Other

Land

Lot Features
Frontage
33 ft
Land Depth
109 ft
Other Property Information
Zoning Description
RC
Data provided by: Brantford Regional Real Estate Assn Inc 106 George Street, Brantford, Ontario N3T 2Y4
519-771-2621
519-759-5900
Email
Book showing
Royal LePage Brant Realty
80 Brant Avenue, Suite 1001
Brantford, Ontario N3T3H1
519-759-6800
519-759-5900
Office Website

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